Norway, a leader in carbon capture and storage, awards permits for additional injection areas

Norway’s Ministry of Petroleum and Energy received applications in the latest licensing round for CO₂ injection and storage on the Norwegian Continental Shelf (NCS) in the North Sea from six companies. Norway, which has already awarded carbon storage permits for additional areas in the past, is a leader in this sector.

Norway’s state-controlled company Equinor, oil and gas group Sval Energi, hydrogen company Horisont Energi, British oil company Neptune Energy, decarbonisation company Storegga and German energy company Wintershall Dea applied for acreage for CO₂ storage in the NCS area.

The application deadline expired on 22 February, and the ministry will now process all the applications submitted. It plans to award the acreage in the first half of this year.

Following the ministry’s previous call for applications in November, this was the second round for CO₂ storage to take place in recent months. Horisont Energi, Neptune Energy and Wintershall Dea also submitted applications in November, along with Norwegian independent company Aker BP, offshore services company Altera Infrastructure and Austrian oil and gas company OMV.